Sunnova Long Term Debt vs Net Working Capital Analysis

NOVA Stock

USD 4.90 0.43 8.07%

Sunnova Energy financial indicator trend analysis is much more than just breaking down Sunnova Energy Inter prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunnova Energy Inter is a good investment. Please check the relationship between Sunnova Energy Long Term Debt and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sunnova Energy Inter Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Sunnova Energy's Long Term Debt and Net Working Capital is 0.12. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Sunnova Energy International, assuming nothing else is changed. The correlation between historical values of Sunnova Energy's Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Sunnova Energy International are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Sunnova Energy's Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Sunnova Energy Inter has held for over one year. Long-term debt appears on Sunnova Energy International balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sunnova Energy International balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Working Capital

Most indicators from Sunnova Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunnova Energy Inter current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

At present, Sunnova Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 93 M, whereas Tax Provision is projected to grow to (971.9 K).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	107.0M	136.6M	181.8M	95.8M
Interest Income	34.2M	59.8M	115.9M	121.7M

Depreciation And Amortization Interest Income

Sunnova Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets
Total Assets		1.0	0.99	0.97	0.89	0.99	0.9	0.9	0.88	1.0	-0.11	0.94	0.78	1.0	1.0	0.99	1.0	0.78	0.97	-0.78	0.67	0.72	1.0	0.74	0.85	0.26
Short Long Term Debt Total	1.0		0.98	0.97	0.87	0.99	0.88	0.89	0.9	1.0	-0.07	0.95	0.75	1.0	1.0	0.99	1.0	0.75	0.98	-0.75	0.67	0.7	1.0	0.72	0.83	0.22
Other Current Liab	0.99	0.98		0.92	0.92	0.99	0.93	0.91	0.81	0.98	-0.2	0.88	0.84	0.98	0.98	0.99	0.99	0.84	0.92	-0.84	0.64	0.78	0.98	0.8	0.89	0.39
Total Current Liabilities	0.97	0.97	0.92		0.76	0.94	0.79	0.83	0.94	0.98	0.1	0.99	0.6	0.97	0.97	0.94	0.97	0.6	1.0	-0.65	0.6	0.58	0.97	0.61	0.7	0.01
Total Stockholder Equity	0.89	0.87	0.92	0.76		0.89	0.94	0.96	0.62	0.86	-0.46	0.71	0.91	0.88	0.87	0.89	0.88	0.91	0.76	-0.89	0.69	0.92	0.87	0.92	0.99	0.57
Other Liab	0.99	0.99	0.99	0.94	0.89		0.88	0.9	0.87	0.99	-0.12	0.9	0.82	0.99	0.99	1.0	0.99	0.82	0.94	-0.77	0.72	0.71	0.99	0.73	0.86	0.32
Net Tangible Assets	0.9	0.88	0.93	0.79	0.94	0.88		0.87	0.58	0.87	-0.51	0.74	0.87	0.89	0.87	0.89	0.88	0.87	0.77	-0.97	0.51	0.91	0.88	0.91	0.95	0.57
Property Plant And Equipment Net	0.9	0.89	0.91	0.83	0.96	0.9	0.87		0.73	0.89	-0.24	0.79	0.81	0.9	0.9	0.9	0.9	0.81	0.84	-0.79	0.7	0.85	0.9	0.86	0.92	0.38
Current Deferred Revenue	0.88	0.9	0.81	0.94	0.62	0.87	0.58	0.73		0.9	0.34	0.94	0.47	0.89	0.9	0.87	0.89	0.47	0.95	-0.39	0.68	0.36	0.89	0.39	0.54	-0.16
Net Debt	1.0	1.0	0.98	0.98	0.86	0.99	0.87	0.89	0.9		-0.05	0.95	0.74	1.0	1.0	0.99	1.0	0.74	0.98	-0.74	0.66	0.69	1.0	0.71	0.81	0.2
Retained Earnings	-0.11	-0.07	-0.2	0.1	-0.46	-0.12	-0.51	-0.24	0.34	-0.05		0.16	-0.57	-0.09	-0.06	-0.12	-0.08	-0.57	0.12	0.63	-0.08	-0.63	-0.08	-0.61	-0.55	-0.84
Accounts Payable	0.94	0.95	0.88	0.99	0.71	0.9	0.74	0.79	0.94	0.95	0.16		0.51	0.94	0.94	0.9	0.94	0.51	0.99	-0.6	0.56	0.54	0.94	0.57	0.64	-0.09
Cash	0.78	0.75	0.84	0.6	0.91	0.82	0.87	0.81	0.47	0.74	-0.57	0.51		0.76	0.76	0.81	0.77	1.0	0.61	-0.83	0.69	0.81	0.76	0.8	0.96	0.77
Non Current Assets Total	1.0	1.0	0.98	0.97	0.88	0.99	0.89	0.9	0.89	1.0	-0.09	0.94	0.76		1.0	0.99	1.0	0.76	0.97	-0.77	0.67	0.71	1.0	0.73	0.84	0.24
Non Currrent Assets Other	1.0	1.0	0.98	0.97	0.87	0.99	0.87	0.9	0.9	1.0	-0.06	0.94	0.76	1.0		1.0	1.0	0.76	0.97	-0.74	0.68	0.69	1.0	0.71	0.83	0.23
Other Assets	0.99	0.99	0.99	0.94	0.89	1.0	0.89	0.9	0.87	0.99	-0.12	0.9	0.81	0.99	1.0		0.99	0.81	0.95	-0.77	0.7	0.72	0.99	0.73	0.86	0.32
Long Term Debt	1.0	1.0	0.99	0.97	0.88	0.99	0.88	0.9	0.89	1.0	-0.08	0.94	0.77	1.0	1.0	0.99		0.77	0.97	-0.76	0.68	0.71	1.0	0.73	0.84	0.24
Cash And Short Term Investments	0.78	0.75	0.84	0.6	0.91	0.82	0.87	0.81	0.47	0.74	-0.57	0.51	1.0	0.76	0.76	0.81	0.77		0.61	-0.83	0.69	0.81	0.76	0.8	0.96	0.77
Net Receivables	0.97	0.98	0.92	1.0	0.76	0.94	0.77	0.84	0.95	0.98	0.12	0.99	0.61	0.97	0.97	0.95	0.97	0.61		-0.63	0.62	0.57	0.97	0.6	0.7	0.01
Common Stock Total Equity	-0.78	-0.75	-0.84	-0.65	-0.89	-0.77	-0.97	-0.79	-0.39	-0.74	0.63	-0.6	-0.83	-0.77	-0.74	-0.77	-0.76	-0.83	-0.63		-0.34	-0.95	-0.76	-0.94	-0.91	-0.67
Common Stock Shares Outstanding	0.67	0.67	0.64	0.6	0.69	0.72	0.51	0.7	0.68	0.66	-0.08	0.56	0.69	0.67	0.68	0.7	0.68	0.69	0.62	-0.34		0.36	0.67	0.37	0.67	0.23
Long Term Debt Total	0.72	0.7	0.78	0.58	0.92	0.71	0.91	0.85	0.36	0.69	-0.63	0.54	0.81	0.71	0.69	0.72	0.71	0.81	0.57	-0.95	0.36		0.7	1.0	0.92	0.66
Non Current Liabilities Total	1.0	1.0	0.98	0.97	0.87	0.99	0.88	0.9	0.89	1.0	-0.08	0.94	0.76	1.0	1.0	0.99	1.0	0.76	0.97	-0.76	0.67	0.7		0.72	0.83	0.24
Capital Surpluse	0.74	0.72	0.8	0.61	0.92	0.73	0.91	0.86	0.39	0.71	-0.61	0.57	0.8	0.73	0.71	0.73	0.73	0.8	0.6	-0.94	0.37	1.0	0.72		0.91	0.63
Inventory	0.85	0.83	0.89	0.7	0.99	0.86	0.95	0.92	0.54	0.81	-0.55	0.64	0.96	0.84	0.83	0.86	0.84	0.96	0.7	-0.91	0.67	0.92	0.83	0.91		0.68
Other Current Assets	0.26	0.22	0.39	0.01	0.57	0.32	0.57	0.38	-0.16	0.2	-0.84	-0.09	0.77	0.24	0.23	0.32	0.24	0.77	0.01	-0.67	0.23	0.66	0.24	0.63	0.68

Click cells to compare fundamentals

Sunnova Energy Account Relationship Matchups

Sunnova Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	3.6B	5.5B	8.3B	11.3B	11.9B
Short Long Term Debt Total	1.4B	2.0B	3.3B	5.4B	7.5B	7.9B
Other Current Liab	59.3M	56.3M	110.8M	181.2M	201.0M	211.0M
Total Current Liabilities	195.0M	210.9M	310.9M	541.9M	1.1B	1.2B
Total Stockholder Equity	645.9M	951.7M	1.2B	1.3B	1.5B	1.0B
Other Liab	90.9M	148.0M	436.0M	696.0M	800.4M	840.5M
Net Tangible Assets	645.9M	951.7M	985.8M	1.1B	1.3B	1.3B
Property Plant And Equipment Net	1.7B	2.3B	2.9B	3.8B	5.6B	3.0B
Current Deferred Revenue	2.1M	3.8M	15.3M	30.2M	50.8M	53.4M
Net Debt	1.4B	1.8B	3.0B	5.0B	7.3B	7.7B
Retained Earnings	(361.8M)	(531.0M)	(459.7M)	(364.8M)	(228.6M)	(240.0M)
Accounts Payable	36.2M	39.9M	55.0M	116.1M	355.8M	373.6M
Cash	83.5M	209.9M	243.1M	360.3M	212.8M	191.5M
Non Current Assets Total	2.2B	3.1B	4.9B	7.4B	10.4B	10.9B
Non Currrent Assets Other	467.7M	807.8M	1.8B	3.4B	4.6B	4.9B
Other Assets	484.6M	807.8M	1.8B	3.3B	3.8B	4.0B
Long Term Debt	1.3B	1.9B	3.1B	5.2B	7.0B	7.4B
Cash And Short Term Investments	83.5M	209.9M	243.1M	360.3M	212.8M	191.5M
Net Receivables	16.8M	31.6M	76.3M	236.8M	485.7M	510.0M
Common Stock Shares Outstanding	40.8M	87.9M	110.9M	114.5M	118.3M	100.3M
Liabilities And Stockholders Equity	2.5B	3.6B	5.5B	8.3B	11.3B	11.9B
Non Current Liabilities Total	1.5B	2.1B	3.6B	5.9B	8.1B	8.5B
Inventory	43.7M	102.6M	128.0M	152.1M	148.6M	92.1M
Other Current Assets	174.0M	215.2M	296.3M	351.3M	920K	874K
Other Stockholder Equity	1.0B	1.5B	1.6B	1.6B	1.8B	1.4B
Total Liab	1.7B	2.3B	3.9B	6.4B	9.2B	9.7B
Net Invested Capital	2.1B	3.0B	4.5B	6.7B	9.0B	9.5B
Property Plant And Equipment Gross	1.7B	2.3B	3.2B	4.2B	6.2B	3.2B
Short Long Term Debt	97.5M	110.9M	129.8M	214.4M	483.5M	507.7M
Total Current Assets	274.3M	456.7M	615.7M	948.4M	936.2M	534.6M
Non Current Liabilities Other	127.4M	171.4M	436.0M	712.7M	1.1B	1.1B
Net Working Capital	79.3M	245.8M	304.8M	406.4M	(159.0M)	(151.1M)
Short Term Debt	97.5M	110.9M	129.8M	214.4M	487.7M	512.1M
Property Plant Equipment	1.7B	2.3B	2.9B	3.7B	4.3B	2.4B

Sunnova Energy Investors Sentiment

The influence of Sunnova Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sunnova. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Sunnova Energy's public news can be used to forecast risks associated with an investment in Sunnova. The trend in average sentiment can be used to explain how an investor holding Sunnova can time the market purely based on public headlines and social activities around Sunnova Energy International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Sunnova Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sunnova Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sunnova Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sunnova Energy.

Sunnova Energy Implied Volatility

516.23

Sunnova Energy's implied volatility exposes the market's sentiment of Sunnova Energy International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Sunnova Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Sunnova Energy stock will not fluctuate a lot when Sunnova Energy's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sunnova Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sunnova Energy's short interest history, or implied volatility extrapolated from Sunnova Energy options trading.

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When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:

How To Invest In Sunnova

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Is Sunnova Stock a good investment?

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What is Sunnova Energy's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Sunnova Energy's price analysis, check to measure Sunnova Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sunnova Energy is operating at the current time. Most of Sunnova Energy's value examination focuses on studying past and present price action to predict the probability of Sunnova Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunnova Energy's price. Additionally, you may evaluate how the addition of Sunnova Energy to your portfolios can decrease your overall portfolio volatility.

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Is Sunnova Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunnova Energy. If investors know Sunnova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(3.40)

Revenue Per Share

5.984

Quarterly Revenue Growth

(0.01)

Return On Assets

(0.01)

Return On Equity

(0.23)

The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Sunnova Long Term Debt vs Net Working Capital Analysis

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Working Capital

Sunnova Energy fundamental ratios Correlations

Sunnova Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sunnova Energy fundamental ratios Accounts

Sunnova Energy Investors Sentiment

Sunnova Energy Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets

Common Stock Total Equity	- 0.97	Net Tangible Assets
Long Term Debt Total	- 0.95	Common Stock Total Equity
Capital Surpluse	- 0.94	Common Stock Total Equity
Inventory	- 0.91	Common Stock Total Equity
Common Stock Total Equity	- 0.89	Total Stockholder Equity
Other Current Assets	- 0.84	Retained Earnings